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By Shearman & Sterling LLP
On May 15, 2019, the United States Court of Appeals for the Fifth Circuit partially revived a securities fraud suit brought by a doctor and his business partner ...
By Shearman & Sterling LLP
On May 13, 2019, Judge Robert N. Scola, Jr., of the United States District Court for the Southern District of Florida dismissed all claims asserted against four individual defendants.
By Shearman & Sterling LLP
On May 15, 2019, Judge Charles T. Lee of the Connecticut Superior Court at Stamford granted a protective order staying discovery pending a motion to strike in an action alleging violations of the Securities Act of 1933.
By Shearman & Sterling LLP
On May 16, 2019, Judge F. Dennis Saylor IV of the United States District Court for the District of Massachusetts dismissed a putative class action against the medical device company ReWalk Robotics and certain of its officers
By Anna Salek, C. Jones Perry, Jr., Sharon Trulock, David Goldstein
As a general rule, it is advisable to revisit your estate plan every few years, or if some major change occurs in your personal circumstances or in applicable law. Recent historic changes to the tax law warrant revisiting your estate plan now.
By Patrick Clancy
The UK regulator, the Financial Conduct Authority (FCA), has made clear that the continuation of LIBOR beyond the end of 2021 is uncertain. The current panel banks have agreed to continue to submit rates to calculate LIBOR until the end of 2021
By Philip Urofsky, Danforth Newcomb, Stephen Fishbein, Brian Burke, Christopher LaVigne, Barnabas Reynolds, Mark Lanpher, Susanna Charlwood, Paula Howell Anderson
In this quarter, OFAC lifted sanctions on Rusal and other companies following divestment by Oleg Deripaska. Meanwhile, as Venezuela descends into economic and political crisis, the US targeted PdVSA and others to hasten regime change.
By Shearman & Sterling LLP
On April 10, 2019, Judge Loretta A. Preska of the United States District Court for the Southern District of New York dismissed an action asserting violations ...
By Tobia Croff, Emanuele Trucco, Marco Barbi
Partner Tobia Croff, counsel Emanuele Trucco and associate Marco Barbi (all Milan–Capital Markets) have authored the "Italy Law & Practice" chapter in the 2019.
By Donna Parisi, Geoffrey Goldman, Azam Aziz
On May 2, 2019, the Board of Governors of the Federal Reserve System Board proposed amendments
By Joshua Thompson, Korey Fevzi
Partners Joshua Thompson (New York-Finance) and Korey Fevzi (London-Finance) have authored the "Global Trends in the Leveraged Loan Market in 2018" ...
By Adam Hakki, Agnès Dunogué
Global Managing Partner Adam Hakki and partner Agnès Dunogué (both Litigation-New York) co-authored an article in Law360 ...
By Shearman & Sterling LLP
On May 3, 2019, the SEC proposed for public comment amendments to its rules related to the financial statements required to be disclosed by SEC reporting companies ...
By Jay Baris
As blockchain technology grows in popularity, the US Securities and Exchange Commission faces a conundrum: how should it regulate the safekeeping or custody of a digital asset owned by an investment fund or managed account?
By Shearman & Sterling LLP
On April 29, 2019, the United States Court of Appeals for the Second Circuit affirmed the denial of plaintiffs' motion for leave to file an amended complaint alleging securities fraud against an international...
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